The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below Work in Process Inventory Beginning Balance 0 Completed 135,800 Direct Materials 42,000 Direct Labor 70,000 Overhead 91,000 Overhead is applied based on direct labor dollars Direct material cost...

A Overhead rate 9100070000 130 per direct labor dollars B ...

The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below.

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The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below.

Work in Process Inventory
Beginning Balance	0	Completed	135,800
Direct Materials	42,000
Direct Labor	70,000
Overhead	91,000

Overhead is applied based on direct labor dollars. Direct material costs for the one job remaining in work in process on September 30 was $12,300.

a. What was the overhead rate used to apply overhead to jobs?

b. Determine the amount of direct labor charged to the one remaining job. Round you answers to nearest dollars

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Cost Accounting Foundations and Evolutions

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Posted Date: Jan 02, 2021 01:45 PM

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The Work in Process Inventory account for Clinton Company for the month ended September 30 appears below.

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A Overhead rate 9100070000 130 per direct labor dollars B ... View the full answer

Cost Accounting Foundations and Evolutions

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